The merger more than triples Telecare’s revenue which is expected to amount to approximately DKK 675m in 2014. Telecare’s majority shareholder, the private equity fund CataCap, is behind the consolidation, which is financed through the issue of SEK 350m in corporate bonds, along with capital from existing owners.

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ThemergermorethantriplesTelecare’srevenuewhichisexpectedtoamounttoapproximatelyDKK675min2014.Telecare’smajorityshareholder,theprivateequityfundCataCap,isbehindtheconsolidation,whichisfinancedthroughtheissueofSEK350mincorporatebonds,alongwithcapitalfromexistingowners.